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Natural Gas

German Economic Institutes See 2023 Contraction as Gas Crisis Hits

Four leading German economic institutes have almost halved their spring economic growth forecast for Europe's largest economy this year and slashed their 2023 p…

Natural Gas

German Gas Price Brake to Cost Between 15 Bln and 24 Bln Euros

A brake on gas prices currently being discussed by the German government could cost between 15 billion and 24 billion euros, depending on market price developme…

Oil Pipeline

Canada’s Enbridge to Sell Oil Pipelines Stake to Indigenous Groups for C$1.12 Bln

Canada's Enbridge Inc will sell a C$1.12 billion minority stake in seven Alberta oil pipelines to a group of Indigenous communities, in North America's largest …

Solar Mini Grids Could Power Half a Billion People by 2030, World Bank Says

Providing electricity to 490 million people will require constructing more than 217,000 mini grids at a cost of $127bn

Offshore Wind Power

Vestas Selected as Preferred Supplier for the 1.1 GW Inch Cape Offshore Wind Project in the UK

Inch Cape Offshore Limited, a joint venture between Red Rock Power Limited and ESB, has appointed Vestas as the preferred wind turbine supplier for the 1.1 GW I…

Floating Solar Project

Floating Solar: Still Niche or Ready for the Mainstream?

Floating photovoltaics (FPV), or 'floatovoltaics', has seen 150% year-on-year growth – and continues to gain traction

Wind Turbine

GE Renewable Energy to Supply 81 Wind Turbines to Continuum Green Energy for 218 MW Wind Power Projects in India

GE Renewable Energy will supply, install and commission 81 units of its 2.7-132 onshore wind turbines for Continuum’s 218.7 MW wind power projects across Tamil…

France

French Grid Operator RTE to Return More Than 1 Bln Euros to Clients

France's power grid operator RTE said it intended to return more than 1 billion euros ($961 million) to its clients at the start of 2023, a total matching this …

Natural Gas

How Germany’s Industrial Giants Are Preparing for Winter

Germany has managed to fill its gas reserves to 91.32% of capacity, allaying fears it could run out this winter after Russian gas flows fell sharply - but it ha…

Australia

Australia’s ZEN Energy, ACCIONA Energía Enter 10-Year PPA

ZEN will buy 34% of Waubra Wind Farm’s total generation.

Renewable Energy Employment Reaches 12.7 Million in 2021

Around 700,000 new workers were employed last year.

Energy Storage System

Wärtsilä to Provide Energy Storage Systems to the Cayman Islands

The technology group Wärtsilä will supply two 10 MW/10 MWh energy storage systems under an EPC contract to Caribbean Utilities Company Ltd (CUC) in the Cayman…

Natural Gas

Sweden Issues Warning of Two Gas Leaks on Nord Stream 1 Pipeline

Sweden's Maritime Authority said on Tuesday it had issued a warning of two leaks on the Russian-owned Nord Stream 1 pipeline in Swedish and Danish waters, short…

Wind Turbine

Siemens Gamesa to Fix Onshore Wind Turbine Unit in 2022

Siemens Gamesa aims to fix major issues with its flagship onshore wind turbine model over the next three months, its chief executive said, warning that 10 to 15…

Wind Farm

Vestas Selected as Preferred Supplier for the 1.2 GW Baltic Power Offshore Wind Project in Poland

Vestas will provide 76 V236-15.0 MW wind turbines for the Baltic Power project which is located 23 kilometres off the coast of the Polish Baltic Sea shoreline.